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Airtel Money is Now On its Own

Sourced from Comms MEA Telecoms group Airtel Kenya has announced that it will be splitting its mobile money business – Airtel Money – from its main company. Instead, Airtel Money will now be operating under the name ‘Airtel Money Kenya Limited’. “Following this business separation, Airtel Money Kenya Limited will take over and continue the provision of the Airtel Money Services, in collaboration with the licensed telecommunications network of Airtel Networks Kenya Limited,” reads the announcement from Airtel. Airtel says that customers that continue to use Airtel Money services agree that their personal information and accounts will still be shared between Airtel Money Kenya Limited and Airtel Networks Kenya Limited. “The continued use of the Airtel Money Service shall be deemed as proof o...

Nigerian Businessman Appointed CEO of Airtel Africa

Segun Ogunsanya, newly appointed Managing Director and CEO. The Airtel Africa Group has announced the new appointment of Olusegun “Segun” Ogunsanya, as its Managing Director (MD) and CEO. Ogunsanya took the helm of the group as of 1 October 2021. This comes as former CEO, Raghu Mandava, who led Airtel Africa since 2016, was announced to be stepping down from the company’s board of directors in October 2021. “We are delighted to appoint Segun Ogunsanya as the Group’s next Chief Executive Officer. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernisation, distribution, and operational efficiency,” said Airtel Chairman, Sunil Bharti Mittal, when Ogunsanya was first announced to replace Mandava. A Businessman of Some Repute Previo...

Africell to Exit Uganda, Unable to Compete with MTN & Others

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